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PKP Intercity and PKP Cargo to be privatized

August 2008.

Treasury Minister Aleksander Grad informed that the privatization of state-owned industry in Poland will be completed in the next four years under a special programme prepared by the Treasury Ministry. In late April, the Polish government passed the Privatisation Programme 2008-2011. The programme assumes the privatization of most of the 740 companies still controlled by the Ministry, two currently under the Economy Ministry, 2 under the Infrastructure Ministry and 16 under the Defence Ministry. Among others, also State-owned operators PKP Intercity and PKP Cargo are up for privatization. National railway operator, PKP Polskie Linie Kolejowe, along with other 25 companies, will not be included in the Privatisation Programme.